Norcod As (NCOD) — Working Capital to Net Assets Ratio
Norcod As (NCOD) has a Working Capital to Net Assets ratio of -0.3% as of June 2025. Working capital of Nkr-690.00K (current assets of Nkr216.12 Million minus current liabilities of Nkr216.81 Million) is measured against net assets of Nkr211.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Norcod As (NCOD) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Norcod As Working Capital to Net Assets (2018–2024)
This chart shows how Norcod As's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at -0.3%, reflecting working capital of Nkr-690.00K against net assets of Nkr211.41 Million NOK. Check NCOD intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Norcod As (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Norcod As from 2018 to 2024, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of Norcod As.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -36.4% | Nkr-56.80 Million | Nkr156.09 Million | Nkr332.91 Million | Nkr389.71 Million | ▼ -49.2 pp |
| 2023 | 12.8% | Nkr28.75 Million | Nkr224.81 Million | Nkr345.27 Million | Nkr316.52 Million | ▲ +34.8 pp |
| 2022 | -22.0% | Nkr-38.92 Million | Nkr176.68 Million | Nkr265.31 Million | Nkr304.23 Million | ▼ -82.0 pp |
| 2021 | 60.0% | Nkr204.47 Million | Nkr341.05 Million | Nkr319.55 Million | Nkr115.08 Million | ▼ -43.4 pp |
| 2020 | 103.4% | Nkr385.89 Million | Nkr373.32 Million | Nkr393.33 Million | Nkr7.44 Million | ▲ +18.3 pp |
| 2019 | 85.1% | Nkr25.50 Million | Nkr29.97 Million | Nkr30.98 Million | Nkr5.47 Million | ▼ -14.9 pp |
| 2018 | 100.0% | Nkr30.00K | Nkr30.00K | Nkr30.00K | Nkr0.00 | — |